[SPORTSPROPHET]

Triple bottomed at $10.20...bought more

[chriswolff]

Nice: new $150m facility with $250m accordion. Next acquisition financed with debt instead of dilutive equity expected by shorts. Oops

[SPORTSPROPHET]

8K OUT!

https://ih.advfn.com/p.php?pid=nmona&article=75796236

[SPORTSPROPHET]

BRG purchased an 80% interest in the Cypress Creek property in an off-market transaction with an equity investment of $14.5 million, financing the remainder with a fixed-rate loan of $26.2 million. The Company, which will implement a $2.0 million renovation program to upgrade units and common spaces, projects the acquisition will yield a pro-forma stabilized cap rate of nearly 7%.

Located within the desirable Cypress/Fairbanks submarket of northwest Houston, Cypress Creek is a quiet garden community with ample floorplans and surface parking typical of lower density, suburban locations. Built in 2001, the property features one-, two- and three-bedroom units averaging 975 square feet, two resort-style pools with barbecue area and gazebo, fitness center, game room with billiards table, business center with Wi-Fi, and a dog park. The property, which was not damaged by Hurricane Harvey, was nearly 94% occupied as of September 20, 2017.

The Cypress submarket, located 30 minutes northwest of downtown Houston, is among the 50 highest-income areas in the US, with average household incomes 26% higher than the greater Houston MSA and a median single-family home price of $315,000. The property attracts superior tenant demographics given its location within the Cypress-Fairbanks Independent School District, which is among the top 10 in Houston, and also benefits from its proximity to sizable employment centers including an 855,000 square-foot Amazon fulfillment center, now under construction. When complete, the center will accommodate more than 2,500 full-time employees.

"BRG was able to leverage its deep operating partner network to complete this transaction. We are confident that, with enhancements in place, Cypress Creek will be capable of generating strong revenue as well as solid net operating income growth, making it a sound performer for the REIT," said Ramin Kamfar, Chairman and CEO of BRG.

[bar1080]

OMG! " the Board has initiated, in conjunction with a financial advisor, a comprehensive review of the appropriate dividend policy for the Company's Class A Common Stock. The Board's goal will be to pursue a long-term dividend strategy that it believes will be competitive, sustainable and covered,"

https://seekingalpha.com/article/4095864-bluerock-internalizes-management-dividend-cut-coming

[SPORTSPROPHET]

IMO, that's a good get.

[Sone]

Added at $11

[Sone]

Bluerock Residential Growth REIT (BRG) Announces Agreement to Internalize Management

Source: PR Newswire (US)
NEW YORK, Aug. 4, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") and its external manager, BRG Manager, LLC (the "Manager"), have entered into a definitive agreement to internalize the external management function currently performed by the Manager.

The transaction was negotiated and approved by a special committee comprised entirely of independent and disinterested members (the "Special Committee") of the Board of Directors of the Company (the "Board") and provides for the internalization of the external management of the Company and the direct employment of the Manager's existing management team and certain other employees. The consideration will be calculated pursuant to a formula established in the Management Agreement at the time of the Company's initial public offering and is expected to be approximately $41 - $42 million. To further align the interests of our management team with those of our stockholders, 99.9% of the consideration will be paid in equity, comprised of units of limited partnership interest ("OP Units") in the Company's operating partnership and shares of Class C Common Stock, which are being issued to provide the recipients with a voting franchise commensurate with their economic interest in the OP Units. As part of the transaction, the recipients have agreed to limit their voting rights to 9.9% of the then-outstanding voting rights of the Company's capital stock. The Special Committee believes that the internalization of management will reduce expenses as the Company grows and further align the interests of management, the Board and stockholders.

In addition to the internalization, the Company announced that the Board is undertaking a review of the Company's dividend policy for the Company's Class A Common Stock.

Key Aspects of the Internalization

"Since our IPO, we have communicated to the market that we would internalize management upon achieving a $500 million equity base, at which point an internal structure was expected to become accretive for our stockholders. We are delivering on that promise today, positioning the Company with a more robust institutional structure for its next phase of growth, while providing strategic, operational and financial benefits that are expected to enhance stockholder value," said Ramin Kamfar, Chief Executive Officer. Potential benefits of the internalization include:

Immediate Cost Savings and Accretion – Excluding the one-time costs associated with the internalization, the Company expects to experience savings of approximately $3.8 million over the first 12 months based on the annualized run rate for the third quarter of 2017.
Increasing Economies of Scale with Growth – Through elimination of the 1.5% base management fee on equity and the 20% incentive management fee currently payable under the Management Agreement, the internalization facilitates increasing economies of scale as the Company's equity capital grows.
Alignment of Interests through Ownership – The increased equity ownership of the Company by key executives as a result of the internalization is expected to further align the interests of such key executives with those of the Company's stockholders.
Mitigation of Conflicts – The proposed transaction will mitigate perceived or actual existing conflicts of interest between the Company and the Manager.
Simplified Structure with Control of Key Functions – The proposed transaction will simplify the Company's structure through the unification of all of the Company's and the Manager's investment activity and resources under a single, transparent corporate structure, and enable the Company the ability to control key functions that are important to the growth of its business.
Potential for Expanded Institutional Investor Base – The Company believes an internal management structure is preferred by the investment community over an external management structure and has the potential to attract new institutional investors, thereby improving the Company's ability to raise capital.
Continuity of Management Team – The existing management team of the Manager, including the Company's current executive officers, will become employees of the Company. The Company will enter into employment agreements with each of its Chief Executive Officer, its President and Chief Operating Officer, its Chief Investment Officer, its Chief Acquisitions Officer, its Chief Legal Officer, and its Chief Financial Officer, providing a seamless transition and clarity as to future senior leadership.
The proposed transaction was unanimously approved by the Special Committee, which was formed to review, consider and negotiate the terms and conditions of the internalization, including the composition of the consideration payable in connection with the internalization, and to recommend to the full Board whether to pursue the internalization and, if so, on what terms and conditions. The full Board also unanimously approved the proposed transaction.

Duff & Phelps, LLC acted as financial advisor to the independent Special Committee in connection with the transaction and issued a fairness opinion to the Special Committee in connection with the transaction.

The proposed transaction is expected to close promptly after the Company's annual meeting of stockholders, currently scheduled for October 26, 2017, and must close on or before February 3, 2018, pursuant to the Contribution Agreement, which sets forth the material terms of the internalization. The proposed transaction remains subject to: (i) the approval of the issuances of equity by a majority of the Company's stockholders and disinterested stockholders voting at the Company's annual meeting of stockholders; and (ii) other customary closing conditions.

Dividend Evaluation by the Company's Board of Directors

In addition, the Board has initiated, in conjunction with a financial advisor, a comprehensive review of the appropriate dividend policy for the Company's Class A Common Stock. The Board's goal will be to pursue a long-term dividend strategy that it believes will be competitive, sustainable and covered, while enabling the Company to deliver long-term growth in the share price of our Class A Common Stock. The Board's evaluation will consider factors including, but not limited to, achieving a sustainable dividend covered by current recurring AFFO (vs. pro forma AFFO), multifamily and small cap peer dividend rates, multifamily and small cap peer payout ratios, providing financial flexibility for the Company, and achieving an appropriate balance between the retention of capital to invest and grow net asset value, and the importance of current distributions. The Board is expected to complete its review of the dividend policy for the Company's Class A Common Stock in the fourth quarter of 2017.

The Board's review will address the dividend policy for the Company's Class A Common Stock only. The terms of each series of the Company's issued and outstanding preferred stock provide for fixed annual dividend rates, and are not subject to adjustment at the Board's discretion.

About Bluerock Residential Growth REIT, Inc.

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) is a real estate investment trust that focuses on acquiring a diversified portfolio of Class A institutional-quality apartment properties in demographically attractive growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through improvements to operations and properties. The Company generally invests with strategic regional partners, including some of the best-regarded private owner-operators in the United States, enabling the Company to operate as a local sharpshooter in each of its markets while enhancing its off-market sourcing capabilities. The Company's Class A Common Stock is included on the Russell 2000 and Russell 3000 Indexes. The Company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Advisors

Duff & Phelps, LLC acted as financial advisor to the Special Committee in connection with the proposed internalization. Morrison & Foerster LLP acted as legal advisor to the Special Committee in connection with the proposed internalization. Kaplan Voekler Cunningham & Frank PLC acted as legal advisor to the Company in connection with the proposed internalization. Vinson & Elkins LLP acted as legal advisor to the Manager in connection with the proposed internalization. FPL Associates L.P. acted as an executive compensation consultant to the compensation committee of the Board with respect to the employment agreements discussed herein.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements are statements that are not historical, including statements regarding management's intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as "believe," "expect," "anticipate," "intend," "estimate," "may," "will," "should" and "could." Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon the Company's present expectations, but these statements are not guaranteed to occur,including, without limitation, with respect to the completion of the proposed internalization on the terms described or at all and the expected benefits of the proposed internalization.Among others, the following uncertainties and other factors could cause actual results to differ from those set forth in the forward-looking statements: the failure to receive, on a timely basis or otherwise, the required approvals by the Company's stockholders, governmental or regulatory agencies and third parties; the risk that a condition to closing of the proposed internalization may not be satisfied; and the Company's ability to consummate the proposed internalization. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements.

Additional Information and Where to Find It

This press release is being made in respect of the proposed internalization involving the Company, the Operating Partnership, the Manager and certain other parties. The proposed internalization will be submitted to the stockholders of the Company for their consideration. In connection with the proposed internalization, the Company intends to file a proxy statement and other documents regarding the proposed internalization with the United States Securities and Exchange Commission (the "SEC"). INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) REGARDING THE PROPOSED INTERNALIZATION AND OTHER DOCUMENTS RELATING TO THE PROPOSED TRANSACTION THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED INTERNALIZATION. The definitive proxy statement will be mailed to the Company's stockholders. You may obtain copies of all documents filed with the SEC concerning the proposed internalization, free of charge, at the SEC's website at www.sec.gov, including the Company's Current Report on Form 8-K filed with the SEC on August 4, 2017. In addition, stockholders may obtain free copies of the documents filed with the SEC by the Company through its website at http://www.bluerockresidential.com. The information on our website is not, and shall not be deemed to be a part hereof or incorporated into this or any other filings with the SEC. You may also request them in writing, by telephone or via the Internet at:

Bluerock Residential Growth REIT, Inc.
712 Fifth Avenue, 9th Floor
New York, New York 10019
[phone]
Attn: Ryan MacDonald
Website: http://www.bluerockresidential.com



View original content:http://www.prnewswire.com/news-releases/bluerock-residential-growth-reit-brg-announces-agreement-to-internalize-management-300499750.html

SOURCE Bluerock Residential Growth REIT, Inc.


Copyright 2017 PR Newswire

[SPORTSPROPHET]

Borregaard: Invitation to Q2 2017 announcement

Borregaard will report second quarter 2017 results on Tuesday 18 July 2017 at 07:00 CET. A stock exchange announcement will be made. A press release, the quarterly report and a presentation will be made available on www.borregaard.com/Investor-Relations.

A presentation of the second quarter 2017 results will also be held at 08:00 CET at Felix Konferansesenter, Bryggetorget 3, Vika, Oslo. The presentation can be followed live on web-TV at www.borregaard.com/Investor-Relations.

All presentations will be held in English.

For more information about Borregaard ASA, please visit www.borregaard.com.

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]

[SPORTSPROPHET]

Borregaard: Invitation to Q2 2017 announcement

Borregaard will report second quarter 2017 results on Tuesday 18 July 2017 at 07:00 CET. A stock exchange announcement will be made. A press release, the quarterly report and a presentation will be made available on www.borregaard.com/Investor-Relations.

A presentation of the second quarter 2017 results will also be held at 08:00 CET at Felix Konferansesenter, Bryggetorget 3, Vika, Oslo. The presentation can be followed live on web-TV at www.borregaard.com/Investor-Relations.

All presentations will be held in English.

For more information about Borregaard ASA, please visit www.borregaard.com.

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]

[SPORTSPROPHET]

Bluerock Residential Growth REIT (BRG) Announces Second Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred Stock

NEW YORK, June 12, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on the Company's 8.250% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") for the second quarter of 2017, in the amount of $0.515625 per share (the "Series A Preferred Dividend"). In addition, the Company has declared a quarterly cash dividend on its 7.625% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") for the second quarter of 2017, in the amount of $0.4765625 per share (the "Series C Preferred Dividend"). Further, the Company has declared a quarterly cash dividend on its 7.125% Series D Cumulative Preferred Stock (the "Series D Preferred Stock") for the second quarter of 2017, in the amount of $0.4453125 per share (the "Series D Preferred Dividend").

The Series A Preferred Dividend, the Series C Preferred Dividend and the Series D Preferred Dividend will each be payable in cash on Wednesday, July 5, 2017 to Series A Preferred Stockholders, Series C Preferred Stockholders and Series D Preferred Stockholders of record (respectively) as of Friday, June 23, 2017.

[SPORTSPROPHET]

Bluerock Residential Growth REIT Announces First Quarter 2017 Results

NEW YORK, May 8, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) ("the Company") announced today its financial results for the quarter ended March 31, 2017.

Highlights
•Total revenues grew 61% to $26.7 million for the quarter from $16.6 million for the prior year quarter primarily as a result of significant investment activity in the past year.
•Net loss attributable to common stockholders for the first quarter of 2017 was $(0.20) per share, as compared to $(0.20) per share in the prior year period. Net loss attributable to common stockholders included non-cash expenses of $0.55 per share in the first quarter of 2017 vs. $0.41 per share for the prior year period.
•Adjusted funds from operations attributable to common stockholders ("AFFO") was $4.6 million for the quarter compared to $5.3 million for the prior year quarter.
•AFFO per share is $0.18 for the first quarter of 2017 as compared to $0.26 for the first quarter of 2016, and exceeded guidance of $0.03 - $0.04.
•Pro forma AFFO per share of $0.38 for the first quarter exceeded pro forma guidance of $0.27 to $0.29 per share.
•The Company paid the full amount of the first quarter's management fees of $2.8 million in LTIP Units in lieu of cash payment. This favorably impacted both AFFO per share and pro forma AFFO per share by $0.09.
•Property Net Operating Income (NOI) grew 53% to $15.3 million for the quarter, from $10.0 million in the prior year quarter.
•Property NOI margins were 60.9% of revenue for the quarter, an improvement from 60.4% of revenue in the prior year quarter.
•Same store NOI increased 10.9% for the quarter, as compared to the prior year quarter.
•Consolidated real estate investments, at cost, increased 7% to $1.1 billion at March 31, 2017 from $1.0 billion at December 31, 2016.
•The Company invested in two operating properties totaling 683 units for a total purchase price of approximately $116.7 million during the first quarter.
•The Company declared monthly dividends for the second quarter of 2017 equal to a quarterly rate of $0.29 per share on the Company's Class A common stock. This equates to an 9.4% annualized yield based on the closing price of $12.31 for the Class A common stock as of March 31, 2017.
•The Company sold 23,569 shares of Series B preferred stock with associated warrants at a public offering price of $1,000 per unit, for gross proceeds of approximately $23.6 million during the first quarter, an increase of 86% over the fourth quarter.
•On January 17, 2017, the Company completed an underwritten offering of 4.6 million shares of Class A common stock at a public offering price of $13.15 per share for gross proceeds of $60.5 million, including the underwriters' overallotment option, which closed on January 24, 2017.

Management Commentary

"We are pleased to report the acquisition of two operating properties totaling 683 units for approximately $117 million, a Class A common stock capital raise with gross proceeds of approximately $60 million and solid portfolio performance during the first quarter," said Ramin Kamfar, the Company's Chairman and CEO. "We continue to build a high quality portfolio in our current footprint of growth markets in the Sunbelt, from the Carolinas to Florida and Texas."

First Quarter Acquisition, Development and Disposition Activity
•On December 29, 2016, the Company was redeemed of its preferred equity interest in the West Morehead development in Charlotte, North Carolina, and in exchange obtained a 0.5% common equity interest and provided an approximately $21.3 million mezzanine loan for the development. On January 5, 2017, the Company increased the mezzanine loan amount to approximately $24.6 million.
•On January 6, 2017, the Company was redeemed of the substantial majority of its common equity ownership interest in the APOK Townhomes development in Boca Raton, Florida, and in exchange provided an approximately $11.2 million mezzanine loan for the development.
•On February 17, 2017, the Company acquired a 91.8% interest in a 382-unit apartment community located in Morrisville, North Carolina, which is part of the Raleigh-Durham Combined Statistical Area, known as Preston View Apartments at a total purchase price of approximately $59.5 million.
•On March 3, 2017, the Company was redeemed of its preferred equity interest in the Domain development located in Garland, Texas, and in exchange obtained a 0.5% common equity interest and provided an approximately $20.3 million mezzanine loan for the development.
•On March 9, 2017, the Company acquired a 91.8% interest in a 301-unit apartment community in Charlotte, North Carolina, known as Wesley Village Apartments at a total purchase price of approximately $57.2 million.
•On February 22, 2017, the Company sold its interest in the Village Green of Ann Arbor apartments in Ann Arbor, Michigan at a total sale price of approximately $71.4 million, recognized a pro rata gain of $7.8 million, with net proceeds of approximately $13.6 million to the Company, generating an internal rate of return of 38% on BRG's equity investment in the project, for a return on equity of 2.32x.
•The Company has determined to abandon the pursuit of the East San Marco proposed development in Jacksonville, Florida and has expensed all predevelopment expenditures amounting to approximately $2.9 million which is included in acquisition and pursuit costs on the statement of operations.

Pending Investments and Pending Sales at March 31, 2017
•The Company has an agreement which entitles the Company to make a 90% investment in a 1,408-unit five-property portfolio of multifamily communities located in San Antonio and Tyler, Texas. The total purchase price of approximately $188.9 million includes the assumption of approximately $147.7 million of existing mortgage debt.
•On April 26, 2017, the Company closed on the sale of Lansbrook Village, located in Palm Harbor, Florida after all sale contingencies were met. The 90% owned property was sold for approximately $82.4 million. After deduction for assumption of the existing mortgage indebtedness of $57.2 million and payment of closing costs and fees, the sale of the property generated net proceeds to the Company of approximately $19.1 million, generating an internal rate of return of 23% on BRG's equity investment, for a return on equity of 1.5x.

First Quarter 2017 Financial Results

Net loss attributable to common stockholders for the first quarter of 2017 was $5.0 million, compared to a net loss of $4.1 million in the prior year period. The change in net loss was primarily driven by positive increases in property NOI of $5.3 million, interest income of $1.5 million and a gain on sale of real estate investments of $16.5 million, offset by increases in management fees of $1.6 million, acquisition and pursuit costs of $2.0 million, management internalization process expense of $0.5 million, depreciation and amortization expense of $3.4 million, interest expense of $2.9 million, preferred stock expense of $4.6 million and non-controlling income allocation of $8.8 million.

AFFO for the first quarter of 2017 was $4.6 million, or $0.18 per diluted share, compared to $5.3 million, or $0.26 per share in the prior year period. AFFO was positively impacted by increases in property NOI of $5.3 million arising from significant investment activity, interest income of $1.5 million and offset by interest expense of $2.5 million and the expense of preferred stock dividends of $4.4 million.

Same Store Portfolio Performance

Same store NOI for the first quarter of 2017 increased by 10.9% from the same period in the prior year. There was a 6.2% increase in same store property revenues compared to the same prior year period, primarily attributable to a 4.7% increase in average rental rates, an 80 basis point increase in average occupancy and an additional 12 units acquired at our Lansbrook property. Same store expenses decreased 0.8% due to lower real estate tax expense in 2017.

Management Internalization

On November 7, 2016, the Company announced that it had begun the process of internalizing the management of the Company by forming a special committee of the board of directors comprised solely of the independent directors of the board to pursue the internalization, along with hiring other advisors. The Company is targeting internalizing the management of the Company in the third quarter of 2017, though it provides no assurance as to the timing or completion of the internalization process.

Dividend Details

On April 7, 2017, our board of directors authorized, and we declared, monthly dividends for the second quarter of 2017 equal to a quarterly rate of $0.29 per share on our Class A common stock, payable to the stockholders of record as of April 25, 2017, which was paid in cash on May 5, 2017, and as of May 25, 2017 and June 23, 2017, which will be paid in cash on June 5, 2017 and July 5, 2017, respectively. Holders of OP and LTIP Units are entitled to receive "distribution equivalents" at the same time as dividends are paid to holders of our Class A common stock.

The declared dividends equal a monthly dividend on the Class A common stock as follows: $0.096666 per share for the dividend paid to stockholders of record as of April 25, 2017, $0.096667 per share for the dividend which will be paid to stockholders of record as of May 25, 2017, and June 23, 2017. A portion of each dividend may constitute a return of capital for tax purposes. There is no assurance that we will continue to declare dividends or at this rate.

On April 7, 2017, our board of directors authorized, and we declared, a monthly dividend of $5.00 per share of Series B preferred stock, payable to the stockholders of record as of April 25, 2017, which was paid in cash on May 5, 2017, and as of May 25, 2017, and June 23, 2017, which will be paid in cash on June 5, 2017 and July 5, 2017, respectively.

Q2 2017 Outlook

For the second quarter of 2017, the Company anticipates AFFO in the range of $0.01 to $0.02 per share, and $0.26 to $0.28 per share on a pro forma basis. For assumptions underlying earnings guidance, please see page 29 of Company's Q1 2017 Earnings Supplement available under Investor Relations on the Company's website (www.bluerockresidential.com). Pro forma AFFO is used for illustrative purposes only, is hypothetical and does not represent historical performance or management's estimates or projections for future performance.

Conference Call

All interested parties can listen to the live conference call at 11:00 AM ET on Monday, May 8, 2017 by dialing [phone] within the U.S., or [phone], and requesting the "Bluerock Residential Conference."

For those who are not available to listen to the live call, the conference call will be available for replay on the Company's website two hours after the call concludes, and will remain available until June 8, 2017 at http://services.choruscall.com/links/brg170508.html, as well as by dialing [phone] in the U.S., or [phone] internationally, and requesting conference number 10105342.

The full text of this Earnings Release and additional Supplemental Information is available in the Investor Relations section on the Company's website at http://www.bluerockresidential.com.

[Sone]

Beats!!

[SPORTSPROPHET]

Bluerock Residential Growth REIT (BRG) First Quarter 2017 Earnings, Conference Call Set for May 8

NEW YORK, April 27, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company" or "BRG") will release its financial results for the first quarter ended March 31, 2017 before the market opens on Monday, May 8, 2017. The Company will host a conference call to discuss its financial results on Monday, May 8, 2017 at 11:00 AM (Eastern Time). The call will include prepared remarks by management as well as a question and answer session.

Conference Call Details
Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed at any time, including up to and after the call start time, by accessing http://dpregister.com/10105342.

Participants who would like to join the call but have not pre-registered can do so on the day of the event by dialing [phone] within the U.S., or [phone], and requesting the "Bluerock Residential Conference." To submit a question to management during the call, participants must be logged in via telephone. Questions submitted in advance are welcome and may be sent via email to Josh Hoffman at [e-mail].

Details for the Replay of the Conference Call
The webcast will be available for replay on the Company's website two hours after the call concludes, and will remain available through June 8, 2017. The webcast replay will be accessible through http://services.choruscall.com/links/brg170508.html, as well as by dialing [phone] in the U.S., or [phone] internationally, and requesting conference number 10105342.

[SPORTSPROPHET]

Borregaard: Invitation to Q1 2017 announcement

Presentation of Q1 2017 results

Borregaard will report first quarter 2017 results on Wednesday 3 May 2017 at 07:00 CET. A stock exchange announcement will be made. A press release, the quarterly report and a presentation will be made available on www.borregaard.com/Investor-Relations.

A presentation of the first quarter 2017 results will also be held at 08:00 CET at SEB, Filipstad Brygge 1, Oslo. The presentation can be followed live on web-TV at www.borregaard.com/Investor-Relations.

All presentations will be held in English.

For more information about Borregaard ASA, please visit www.borregaard.com.

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

[SPORTSPROPHET]

Borregaard: Annual General Meeting held

The Annual General Meeting in Borregaard ASA held today 20 April 2017 adopted all the items as proposed on the agenda. The minutes from the Annual General Meeting are available on www.borregaard.com.

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]


This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

[SPORTSPROPHET]

Bluerock Residential Growth REIT (BRG) Announces Second Quarter 2017 Common Stock and Series B Preferred Stock Dividends

NEW YORK, April 10, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Class A common stock (the "Class A Common Stock") for the second quarter of 2017, equal to a quarterly rate of $0.29 per share (the "Class A Common Dividends"). In addition, the Company has declared monthly cash dividends on its Series B Redeemable Preferred Stock (the "Series B Preferred Stock") for the second quarter of 2017, equal to a quarterly rate of $15.00 per share (the "Series B Preferred Dividends").

The Class A Common Dividends will be payable in cash as follows: $0.096666 per share to be paid on Friday, May 5, 2017 to Class A Common stockholders of record as of Tuesday, April 25, 2017; $0.096667 per share to be paid on Monday, June 5, 2017 to Class A Common stockholders of record as of Thursday, May 25, 2017; and $0.096667 per share to be paid on Wednesday, July 5, 2017 to Class A Common stockholders of record as of Friday, June 23, 2017.

The Series B Preferred Dividends will be payable in cash as follows: $5.00 per share to be paid on Friday, May 5, 2017 to Series B Preferred stockholders of record as of Tuesday, April 25, 2017; $5.00 per share to be paid on Monday, June 5, 2017 to Series B Preferred stockholders of record as of Thursday, May 25, 2017; and $5.00 per share to be paid on Wednesday, July 5, 2017 to Series B Preferred stockholders of record as of Friday, June 23, 2017.

[SPORTSPROPHET]

Bluerock Residential Growth REIT Acquires Wesley Village; 301-Unit, Class-A Apartment Property in Charlotte, NC

NEW YORK, April 6, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) ("BRG", the "REIT" or "the Company") announced today that it has acquired the 301-unit, Class-A multifamily Wesley Village Apartments ("Wesley Village") in Charlotte, North Carolina. The REIT acquired the property for a total purchase price of approximately $56.85 million, or roughly $189,000 per residential unit.

The Company will implement a $2 million renovation program to upgrade units and common spaces, and projects the acquisition will yield a pro-forma stabilized cap rate of 6.0%.

BRG purchased the property with an investment of $16.5 million, financing the remainder with a fixed rate loan of $40.5 million from Freddie Mac.

Wesley Village is in the heart of a vibrant urban submarket but offers residents the ample floorplans and surface parking typical of residences found in lower density, suburban locations. Built in 2010, the property features studio, one- two- and three-bedroom units averaging a generous 1,025 square feet, a resort-style saltwater pool with grilling area and wet bar, fitness center, game room with billiards table, business center with Wi-Fi, and a dog park.

The property is situated just one mile from the thriving Uptown CBD, fewer than seven miles from the Charlotte airport and directly within the expanding and sought-after FreeMoreWest submarket. FreeMoreWest has sustained a robust population growth of more than 10% since 2010, while the greater Charlotte metro area, fueled by an influx of new firms to the area, has added more than 30,000 jobs over the past year.

"The Wesley Village Apartments property is squarely in the path of growth for Bluerock. We were able to purchase the property at a very favorable cost basis and, with implementation of value-added improvements and management efficiencies, we are confident that Wesley Village will be a strong performer for the REIT as well as a highly-competitive player in its market," said Ramin Kamfar, Chairman and CEO of BRG.

[SPORTSPROPHET]

Borregaard: Notice of Borregaard's Annual General Meeting 2017

The Annual General Meeting of Borregaard ASA will be held on 20 April 2017 at 14:00 at the Felix Konferansesenter, Bryggetorget 3, Oslo, Norway.

The following documents are attached:

- Notice of the Annual General Meeting
- Guidelines for remuneration of senior management
- Recommendations of the nomination committee
- Articles of association

Notice of attendance must be received no later than 12:00 on 18 April 2017.

The notice will be sent to all shareholders today. Notice of the Annual General Meeting and other documents relating to items of business, as well as further information concerning the rights of shareholders, may be found at www.borregaard.com.

The Annual General Meeting will be simultaneously interpreted to English. The meeting will be webcasted in Norwegian and English, and can be followed at www.borregaard.com.

Registration will open at 13:00 at the date of the Annual General Meeting. A light meal will be served before the meeting.

Borregaard ASA
Sarpsborg, 30 March 2017

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Notice of the Annual General Meeting
Recommendations of the nomination committee
Articles of association
Guidelines for remuneration of senior management

[bar1080]

Did you ever figure out "whatever this is?"

Hilarious: "Sometimes you just read something on a whim. The Real Estate market is doing really well, as of late. I felt it was time to look at some of these REITs or whatever this is. I jumped in and I'm very happy that I did. "

[bar1080]

Hilarious: "Sometimes you just read something on a whim. The Real Estate market is doing really well, as of late. I felt it was time to look at some of these REITs or whatever this is. I jumped in and I'm very happy that I did. "

[SPORTSPROPHET]

Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred St...
NEW YORK, March 13, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on the Company's 8.250% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") for the first quarter of 2017, in the amount of $0.515625 per share (the "Series A Preferred Dividend"). In addition, the Company has declared a quarterly cash dividend on its 7.625% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") for the first quarter of 2017, in the amount of $0.4765625 per share (the "Series C Preferred Dividend"). Further, the Company has declared a quarterly cash dividend on its 7.125% Series D Cumulative Preferred Stock (the "Series D Preferred Stock") for the first quarter of 2017, in the amount of $0.4453125 per share (the "Series D Preferred Dividend").

The Series A Preferred Dividend, the Series C Preferred Dividend and the Series D Preferred Dividend will each be payable in cash on Wednesday, April 5, 2017 to Series A Preferred Stockholders, Series C Preferred Stockholders and Series D Preferred Stockholders of record (respectively) as of Friday, March 24, 2017.

About Bluerock Residential Growth REIT, Inc.
Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) is a real estate investment trust that focuses on acquiring a diversified portfolio of Class A institutional-quality apartment properties in demographically attractive growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through improvements to operations and properties. The Company generally invests with strategic regional partners, including some of the best-regarded, private owner-operators in the United States, making it possible to operate as a local sharpshooter in each of its markets while enhancing off-market sourcing capabilities. The Company is included on the Russell 2000 and Russell 3000 Indexes. The Company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. For more information, please visit our website at: www.bluerockresidential.com.

[SPORTSPROPHET]

BRG will come around soon.

[Sone]

Endless red days

[SPORTSPROPHET]

Borregaard: Repurchase of own shares

06.03.2017: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notice of 27 February 2017 where Borregaard announced the intent to repurchase up to 300,000 of its outstanding common stock.

Borregaard has today purchased 21,718 own shares through broker at an average price of NOK 94,1982 per share.

After this transaction Borregaard holds a total of 283,849 own shares, representing 0.28% of total shares outstanding.

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

[SPORTSPROPHET]

Borregaard: Initiation of share repurchase programme

27 February 2017: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Initiation of share repurchase programme

Borregaard intends to repurchase up to 300,000 shares of its outstanding common stock. The shares will be used for employee incentive programmes. Borregaard's Board of Directors was given authority by the shareholders at the Ordinary General Meeting held on 13 April 2016 to repurchase up to ten percent of the outstanding shares. According to the proxy, the highest price to be paid is NOK 100.00 per share.

The repurchase of shares will be conducted in a period from 28 February up to and including 7th April 2017 at the latest. All shares will be purchased in the regulated market (OSX).

Borregaard has appointed Carnegie AS to carry out the repurchase programme according to the rules and regulations of Oslo Børs (see Circular No. 2/2008).

Contact
Lotte Kvinlaug, Investor Relations Officer, [phone]

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

[Sone]

Why the sell off today?

[SPORTSPROPHET]

Borregaard: Share options issued

Borregaard's Board of Directors has decided to issue share options in accordance with the proxy given by the Annual General Meeting held on 13 April 2016. The total number of options issued is 364,000.

The options will expire after five years (17 February 2022), and may be exercised in the last two years. The strike price of the options is NOK 104.11. It is based on the volume weighted average share price during the first three trading days after the announcement of the 4th quarter 2016 results with an addition of 10%. The strike price will be adjusted for dividend and equity transactions. The maximum annual gain is limited to twice the annual base salary for the CEO, and equivalent to the annual base salary for the other option holders. At least 50% of the proceeds after tax must be used to purchase shares in the Company, and the purchased shares will be locked for a period of three years. In addition, the members of the Executive Management are expected to acquire shares until their shareholdings equal their annual base salary, and twice the base salary for the CEO.

Primary insiders have the following holdings of options and shares in Borregaard after the new share options were issued on 17 February 2017 (new options in parenthesis):

Per A. Sørlie holds 180,000 options (60,000) and owns 145,990 shares
Morten Harlem holds 106,000 options (21,000) and owns 45,959 shares
Tom Erik Foss-Jacobsen holds 77,000 options (17,000) and owns 35,615 shares
Per Bjarne Lyngstad holds 77,000 options (17,000) and owns 53,596 shares
Tuva Barnholt holds 65,000 options (15,000) and owns 29,168 shares
Sveinung Heggen holds 65,000 options (15,000) and owns together with related parties 8,084 shares
Ole Gunnar Jakobsen holds 65,000 options (15,000) and owns 28,363 shares
Gisle Løhre Johansen holds 65,000 options (15,000) and owns 20,059 shares
Dag Arthur Aasbø holds 65,000 options (15,000) and owns 44,096 shares

The total number of outstanding share options is now 1,687,380, equivalent to 1.69 % of the number of shares (including 343,380 treasury shares) in Borregaard.

Contacts:
Chief Financial Officer, Per Bjarne Lyngstad, mobile [phone]
Senior Vice President Organisation and Public Affairs, Dag Arthur Aasbø, mobile [phone]

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

[SPORTSPROPHET]

Conference Call NOW!

All interested parties can listen to the live conference call at 11:00 AM ET on Thursday, February 16, 2017 by dialing [phone] within the U.S., or [phone], and requesting the "Bluerock Residential Conference."

For those who are not available to listen to the live call, the conference call will be available for replay on the Company's website two hours after the call concludes, and will remain available until March 16, 2017 at http://services.choruscall.com/links/brg170216.html, as well as by dialing [phone] in the U.S., or [phone] internationally, and requesting conference number 10100147.

The full text of this Earnings Release and additional Supplemental Information is available in the Investor Relations section on the Company's website at http://www.bluerockresidential.com.

[SPORTSPROPHET]

Too much handholding. I do not do research for others. Please do it yourself.

Have a great week.
SP
$BRG!

[Sone]

I'm confused.. lol

[capt AL]

What is BORREGAARD in relationship to BRG?

[Sone]

What's it say in English? Lol

[SPORTSPROPHET]

Borregaard: The Board of Directors' dividend proposal to Borregaard's Annual General Meeting

At a meeting on 9 February 2017 the Board of Directors decided to propose an ordinary dividend for 2016 of NOK 1.75 per share to the Annual General Meeting. In addition, the Board of Directors has decided to propose an extraordinary dividend of NOK 1.75 per share due to increased earnings and a strong cash flow. In total, the proposed dividend is NOK 3.50 per share. Dividend payment is estimated at NOK 349 million. The exact amount will depend on the number of treasury shares held at the date of the Annual General Meeting. No dividend will be paid on treasury shares held by the Borregaard Group.

Provided that the traded shares are subject to ordinary settlement in the Norwegian Securities Register (VPS), shares acquired up to and including 20 April 2017 will carry the right to receive dividends, whereas shares that are acquired on and after 21 April 2017 will not carry the right to receive dividends. Subject to the decision of the Annual General Meeting, the dividend will be paid on 3 May 2017 to shareholders registered in the company's shareholders' register as evidenced in a transcript as of 24 April 2017.

The share will be quoted ex dividend on 21 April 2017.

The Annual General Meeting of Borregaard ASA will be held on Thursday 20 April 2017 at 2 p.m. (14:00 CET) at Felix Konferansesenter, Bryggetorget 3, Vika, Oslo.

Borregaard's Annual Report for 2016 will be released on 30 March 2017.